12.25 Market Analysis and Operation Strategy
On the daily level, yesterday's price fell to the lower track of the Bollinger Band and then rebounded, strongly rising to around 99,000. It is currently below the middle track of the Bollinger Band, and the Bollinger Band opening is extending horizontally.
On the four-hour chart, the Bollinger Band opening has expanded, but the price trend is unclear. The current price is fluctuating in a narrow range around 98,000. The hourly line shows a correction trend, and it is possible to consider buying on dips during the day.
Operational suggestion: Buy in the range of 97,000 - 96,500, with a target price of 99,000.
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